Aug 12, 2010
Eastern European Governments will need to adopt new fiscal policy strategies in the near future, to adequately deal with a reduction in economic growth and a post-crisis international economic environment. The International Monetary Fund (IMF) has projected overall economic growth of approximately 3.3 percent for the countries of Eastern Europe in 2010, with a notable [...]
Eastern European Governments will need to adopt new fiscal policy strategies in the near future, to adequately deal with a reduction in economic growth and a post-crisis international economic environment.
The International Monetary Fund (IMF) has projected overall economic growth of approximately 3.3 percent for the countries of Eastern Europe in 2010, with a notable increase in all stability measures. However, according to Bas B. Bakker and Anne-Marie Gulde of the IMF European Department, Governments will need to embrace the fact that in ... Read More
Aug 11, 2010
The European Union will soon attempt to extend its revenue raising powers by imposing new taxes directly within all of its member states. Janusz Lewandowski, Budget Commissioner of the European Union (EU), revealed on August 9th, that a new proposal will be released in September, outlining a series of new “eurotaxes”. Initially, the EU will [...]
The European Union will soon attempt to extend its revenue raising powers by imposing new taxes directly within all of its member states.
Janusz Lewandowski, Budget Commissioner of the European Union (EU), revealed on August 9th, that a new proposal will be released in September, outlining a series of new “eurotaxes”. Initially, the EU will suggest the implementation of a uniform tax on air travel, and selected inter-bank transactions. A pan-Europe Carbon Tax will eventually be mooted, if the first two levies prove ... Read More
Jul 9, 2010
New reports have been released, profiling worldwide economic growth and financial stability. According to the new publication, growth for 2010 is currently above previous projections, although financial stability has experienced a small setback in recent months. On June 7th the International Monetary Fund (IMF) released two reports concerning the state of the world economy, World [...]
New reports have been released, profiling worldwide economic growth and financial stability. According to the new publication, growth for 2010 is currently above previous projections, although financial stability has experienced a small setback in recent months.
On June 7th the International Monetary Fund (IMF) released two reports concerning the state of the world economy, World Economic Outlook Update (WEO) and the Global Financial Stability Report Market Update (GFSR). According to the WEO, cumulative worldwide economic growth in 2010 is expected to increase by ... Read More
Jun 25, 2010
A European Commission (EC) debate on a proposed European Union-wide Carbon Tax has proven fruitless, with the Commission opting to delay a decision into the future. On June 23rd the European Commission held an initial debate on a Carbon Tax proposal brought forward by Algirdas Semeta, EC Commissioner on Taxation. The debate resulted in the [...]
A European Commission (EC) debate on a proposed European Union-wide Carbon Tax has proven fruitless, with the Commission opting to delay a decision into the future.
On June 23rd the European Commission held an initial debate on a Carbon Tax proposal brought forward by Algirdas Semeta, EC Commissioner on Taxation. The debate resulted in the EC only resolving to engage in an impact assessment of an EU-wide Carbon Tax system, with no headway made towards dismissing the tax or initiating a legislative approval ... Read More